OneSpaWorld Q1 revenue rises 4% to $219.6 million; $75 million buyback approved
OneSpaWorld reported first quarter 2025 total revenues of $219.6 million, up 4% from $211.2 million, while net income fell to $15.3 million from $21.2 million, a year-earlier period that included a $7.7 million warrant fair value benefit. The company reaffirmed its fiscal 2025 guidance, gave second quarter guidance, and its board approved a new $75 million share repurchase program, which shareholders should weigh against the $23.8 million cash balance at March 31, 2025.
Key points
- Total revenues rose 4% to $219.6 million; adjusted EBITDA rose 5% to $26.6 million from $25.3 million.
- Net income was $15.3 million, or $0.15 per diluted share, versus $21.2 million, or $0.21, a year earlier; the prior-year period included a $7.7 million warrant benefit.
- Second quarter 2025 guidance: total revenues of $235-$240 million and adjusted EBITDA of $28-$30 million; fiscal 2025 guidance of $950-$970 million in revenues and $115-$125 million in adjusted EBITDA was reaffirmed.
- The new $75 million repurchase program replaces a $50 million program; $37.9 million was repurchased in the first quarter and $900,000 remaining under the old program was cancelled.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.